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Side-by-side comparison

Minneapolis vs Phoenix

Cost of living comparison for Minneapolis, Minnesota and Phoenix, Arizona.

Bottom line

Minneapolis is approximately 0% more expensive than Phoenix. A single person needs about $3,699/mo in Minneapolis versus $3,694/mo in Phoenix.

Rent in Minneapolis vs Phoenix

HUD Fair Market Rents by bedroom count.

Minneapolis · Studio
$1,220
Phoenix · Studio
$1,530
Phoenix is $310 (25%) higher than Minneapolis
Minneapolis · 1 bedroom
$1,381
Phoenix · 1 bedroom
$1,679
Phoenix is $298 (22%) higher than Minneapolis
Minneapolis · 2 bedroom
$1,685
Phoenix · 2 bedroom
$1,950
Phoenix is $265 (16%) higher than Minneapolis
Minneapolis · 3 bedroom
$2,244
Phoenix · 3 bedroom
$2,624
Phoenix is $380 (17%) higher than Minneapolis

Income & earnings in Minneapolis vs Phoenix

Annual figures from Census ACS.

Minneapolis · Household income
$96,339
Phoenix · Household income
$85,518
Minneapolis is $10,821 (13%) higher than Phoenix
Minneapolis · Individual earnings
$55,015
Phoenix · Individual earnings
$46,640
Minneapolis is $8,375 (18%) higher than Phoenix
Minneapolis · Per capita
$57,633
Phoenix · Per capita
$44,210
Minneapolis is $13,423 (30%) higher than Phoenix

Home values in Minneapolis vs Phoenix

Average values and property tax.

Minneapolis · Average home value
$376,500
Phoenix · Average home value
$414,700
Phoenix is $38,200 (10%) higher than Minneapolis
Minneapolis · Annual property tax
$4,337
Phoenix · Annual property tax
$1,965
Minneapolis is $2,372 (121%) higher than Phoenix

Energy in Minneapolis vs Phoenix

Estimated monthly electricity and gas.

Minneapolis · Monthly electricity
$124
Phoenix · Monthly electricity
$150
Phoenix is $26 (21%) higher than Minneapolis
Minneapolis · Monthly gas
$63
Phoenix · Monthly gas
$39
Minneapolis is $24 (62%) higher than Phoenix
Minneapolis · Annual total
$2,244
Phoenix · Annual total
$2,268
Phoenix is $24 (1%) higher than Minneapolis

Healthcare in Minneapolis vs Phoenix

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium
$480
Phoenix · Individual premium
$480
Minneapolis and Phoenix are about the same
Minneapolis · Family premium
$1,350
Phoenix · Family premium
$1,350
Minneapolis and Phoenix are about the same
Minneapolis · Uninsured rate
4.5%
Phoenix · Uninsured rate
10.7%
Phoenix is 6.2% (138%) higher than Minneapolis

Taxes in Minneapolis vs Phoenix

State income and sales tax.

Minneapolis · State income tax
9.8%
Phoenix · State income tax
2.5%
Minneapolis is 7.3% (294%) higher than Phoenix
Minneapolis · State sales tax
6.9%
Phoenix · State sales tax
5.6%
Minneapolis is 1.3% (23%) higher than Phoenix
Minneapolis · Combined sales tax
7.5%
Phoenix · Combined sales tax
8.4%
Phoenix is 0.8% (11%) higher than Minneapolis

Transportation in Minneapolis vs Phoenix

Commute time and travel modes.

Minneapolis · Average commute
22.4 min
Phoenix · Average commute
26.1 min
Phoenix is 3.7 min (17%) higher than Minneapolis
Minneapolis · Drive alone
62.1%
Phoenix · Drive alone
66.6%
Phoenix is 4.5% (7%) higher than Minneapolis
Minneapolis · Public transit
4.0%
Phoenix · Public transit
1.3%
Minneapolis is 2.7% (208%) higher than Phoenix

Monthly cost estimates in Minneapolis vs Phoenix

All categories combined.

Minneapolis · Single person
$3,699
Phoenix · Single person
$3,694
Minneapolis is $5 (0%) higher than Phoenix
Minneapolis · Couple
$5,503
Phoenix · Couple
$5,274
Minneapolis is $229 (4%) higher than Phoenix
Minneapolis · Family
$8,206
Phoenix · Family
$8,098
Minneapolis is $108 (1%) higher than Phoenix

Frequently asked questions

Common questions comparing Minneapolis and Phoenix.

Is Minneapolis or Phoenix more expensive?

Minneapolis is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,694/mo in Phoenix, Arizona, a difference of about 0%.

What is the rent difference between Minneapolis and Phoenix?

Average one-bedroom rent in Minneapolis, Minnesota is $1,381/mo versus $1,679/mo in Phoenix, Arizona. Phoenix is approximately $298 (22%) more expensive for a one-bedroom apartment.

Which has higher income, Minneapolis or Phoenix?

Minneapolis has the higher average household income. Minneapolis households earn approximately $96,339 per year; Phoenix households earn approximately $85,518 per year.

More on Minneapolis and Phoenix

Read full profiles for either area, or pick a different pair to compare.

About this data

Figures come from official U.S. government sources including the Census Bureau (ACS), HUD Fair Market Rents, and the Energy Information Administration. See our methodology for details.